Rentals have been launched at 160 Water Street, aka Pearl House Seaport, in the Financial District in lower Manhattan. The post-war structure has been transformed from an out-of-use commercial property into a state-of-the art residential highrise. The Pearl House Seaport rises 29 floors and contains 588 apartments. New ownership has added five floors to the original property, built in 1972. Residences range in size from studios to two-bedrooms. Approximately 45% ...
Read MoreAccording to New York City records, the median price for an apartment in Manhattan for the month of January 2023 was $997,000. The price represents a decrease of 16.9% from the median price of $1,200,000 recorded in January 2022. The number of apartment sales dropped dramatically from 1056 to 752 reflecting a year-over-year decrease of 28.8%. January represents the fifth consecutive month that the volume of year-over-year sales have dipped in ...
Read MoreAccording to New York City records, the median price for an apartment in Brooklyn in the month of March was $749,500. The price represents an increase of 2.67% from last year’s median price of $730,000. The number of sales increased from 472 to 640 representing a year-over-year increase of 36%. Linecity pulled the monthly sale numbers for March from city data sources on April 15th. Due to the lag in city ...
Read MorePermits have been filed for a 7-story residential building at 22 Skillman Street in Bedford-Stuyvesant, Brooklyn. The property is located on the east side of Skillman Street between Flushing Avenue and Park Avenue. The proposed 70-foot tall development will total 115,580 square feet. According to the filing, the entire building will be residential in usage. The plans call for 83 residential units. The average size of an apartment, based on gross ...
Read MoreIt’s not quite the Jenga building across the river in Manhattan but it’s just as cool. It’s daring. It’s different. It’s 88 Withers Street in Williamsburg and it makes the latest edition of our “Buildings We Love” series. 88 Withers Street, also known as Element 88, might just be one of the most unique buildings in Williamsburg. The luxury condo is located on the south side of Withers Street between Meeker ...
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